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February 10, 2010

Banca Profilo Chooses Trading Tool From Orc Software

Banca Profilo, an Italy-based privately held investment bank, has selected Orc Trading for its market making activities on the Italian equities market (MTA) and the Italian equity derivatives market (IdeM).

By CBR Staff Writer

Orc Trading provides an edge to trade from a single platform capable of running thousands of complex trading strategies simultaneously.

Orc Connect is a financial connectivity solution that provides traders and brokers with an access to liquidity pools, both for market members and non-members, in the areas of execution, market data and reference data.

Paolo Muselli, head of organization and IT at Banca Profilo, said: “Orc Trading for market making truly impressed us for its high-performance capabilities, its sophisticated volatility and pricing tools and its complete mass quoting functionalities, all key factors in our preference for Orc.”

Daniele Moressa, sales manager Italy at Orc Software, said: “We are very proud that Banca Profilo has selected Orc to enhance their market making business on the Italian markets, thus also laying the foundation to sustain the bank’s expansion into new instruments, markets and into new segments of trading. Banca Profilo’s choice further strengthens our ambition to become the preferred trading solution for all Italian market makers.”

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